Auto Warranty Companies Fight For Your Business
car warranty - The realm of auto warranty companies is really a fiercely competitive one. You can find a limited number of cars on the streets - granted, there are many them, and all of them, at some time or still, has or had a warranty - but with the large number of companies fighting for your business of those drivers, this means that each and every car owner will be the target of some very hungry sales reps.
This is definitely a daunting position to stay in for a car owner. Whether you are purchasing a new car coming from a dealership, or buying a used car, you will see people selling you their warranty services.
Within the dealership, you may come across a pushy sales representative that will try everything they could to get you to sign on to have an extended warranty once you create your initial purchase. There are good things about buying during those times, including having the costs from the warranty rolled up to the financing for the car, and realizing that your dealership will continue to be the place to have any repairs or replacements done. However, these comforts could end up costing you hundreds or thousands of dollars over time. Sales agents make very large commissions on warranties, so they're eager to obtain to enroll in one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, rather than adding a little number to your monthly car payment bills. But it could very well save a little money.
But simply as not every car sales representative is out to rip you off, not every third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to get you as being a client, so use that to your benefit. Make a price comparison, examine each of the relation to the warranties offered, and tell the businesses you consult with “hey, cause me to the most effective offer.” If they can't, someone else will.